The REIT has signed 393,056 square feet of Manhattan office leases to date during the fourth quarter.
source https://feeds.feedblitz.com/~/639820802/0/globest/new-york~SL-Green-Expects-to-Have-Signed-SF-of-Leases-for-Q/
The REIT has signed 393,056 square feet of Manhattan office leases to date during the fourth quarter.
Both foreign and domestic investors are returning to the market, with inquires hitting 90% of pre-pandemic levels.
Manhattan is now the third most liquid market in the world, according to a new report from Real Capital Analytics.
While many people think we may be witnessing a long-term shift away from cities, some observers see more of a cyclical pattern.
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Office leasing activity continued its downward trend in November, falling 55% from October and 80% for the year.
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The reduction in staff is part of a strategy to cut and reduce overhead costs by $35 million annually.
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